August 2026 in Essex County kept the story readers of these reports have come to expect. Essex County's Midtown Direct belt continues to draw commuter demand, keeping the eastern half of the county competitive on price and pace. The single family median came in at $877,500, +3.3% year over year, on 374 closings and a 31-day median time to sale. Active inventory stands at 633 units, roughly 2.3 months of supply, a clear seller's market on that measure alone.
Year to date, the single family median is running at $830,000, +5.1% versus the same eight-month stretch of 2025. New listings through August total 3,469 (+3.2%), and closings total 2,218 (-2.2%). The pace has been steady rather than dramatic, which is exactly the profile most Essex County sellers should want heading into the fall listing cycle.
The numbers below come from the New Jersey REALTORS Local Market Update for closings recorded during August 2026. We include Essex County context and, where useful, a look at the townhouse-condo segment for the same period.
The headline numbers
$877,500
374
31
108.9%
What the August data actually means
Single Family homes in Essex County sold at 108.9% of list price in August, on a median of 31 days from list to contract. The August 2025 comp was 107.2% at 29 days, so compare that pace and pricing directly against the +3.3% change in the median to see how demand is holding.
Inventory tells the same story. There are 633 active single family listings on the market, -0.8% versus a year ago, and months of supply sits at 2.3. For context, the six-month threshold is where analysts usually mark the line between seller and buyer conditions; Essex County is a clear seller's market on that reading.
The year-to-date picture
Through the first eight months of 2026, Essex County has recorded 2,218 single family closings, -2.2% versus the same stretch of 2025. That is the more useful number for anyone modeling a listing decision or a purchase; monthly closings are noisy at this sample size, but eight-month totals smooth the local sample and match the pattern most agents in Essex County have been calling since spring.
The YTD median of $830,000 (+5.1%) is the steadier read on where the market is actually trading, since it smooths out the month-to-month swings in which homes happen to close. New listings through August totaled 3,469, +3.2% versus the prior year, which explains why inventory has compressed even as demand kept absorbing what came online.
The single family data table
| Single Family Metric | August 2025 | August 2026 | YoY |
|---|---|---|---|
| New Listings | 313 | 346 | +10.5% |
| Closed Sales | 351 | 374 | +6.6% |
| Days on Market | 29 | 31 | +6.9% |
| Median Sales Price | $849,564 | $877,500 | +3.3% |
| % of List Price Received | 107.2% | 108.9% | +1.6% |
| Active Inventory | 638 | 633 | –0.8% |
| Months of Supply | 2.3 | 2.3 | 0.0% |
Source: New Jersey REALTORS Local Market Update, August 2026, Essex County. Median prices do not account for sale concessions or downpayment assistance.
The townhouse-condo view
The townhouse-condo segment in Essex County posted 83 closings in August (-2.4% YoY) at a $380,000 median (-8.4%). The segment is sizable enough that the August median is a meaningful read on where the market is trading. For context, the year-to-date townhouse-condo median is $450,000 (+12.5%) on 551 closings (-1.8%).
| Townhouse-Condo Metric | August 2025 | August 2026 | YoY |
|---|---|---|---|
| New Listings | 70 | 99 | +41.4% |
| Closed Sales | 85 | 83 | –2.4% |
| Days on Market | 34 | 33 | –2.9% |
| Median Sales Price | $415,000 | $380,000 | –8.4% |
| % of List Price Received | 106.0% | 104.0% | –1.9% |
| Active Inventory | 148 | 187 | +26.4% |
| Months of Supply | 2.0 | 2.8 | +40.0% |
What it means for buyers
If you are shopping Essex County this fall, the August numbers give you a clear read on the operating environment. 2.3 months of supply means you are still competing; 633 active listings is your working set at any given moment; and a 31-day median tells you how quickly well-priced homes are going under contract. Neighborhoods worth watching closely include Montclair, Maplewood, South Orange, and West Orange, each with its own price band and pace within the Essex County market.
Practical moves that are working in this market:
- Get fully underwritten pre-approval, not just a prequalification letter. Sellers in Essex County are seeing multiple offers on well-priced listings, and a fully approved buyer wins the tie.
- Tour within 48 to 72 hours of a listing going active. A 31-day median means the offer deadline on strong listings often lands the following weekend.
- Do not throw out the YTD context. One month of comps is a small sample; the eight-month +5.1% YTD median move is a better guide to what you can expect over a 90-day search window.
- Ask your agent for the specific micro-market data. Essex County splits by neighborhood, price band, and school district. County or town-wide numbers are the starting point, not the finish line.
What it means for sellers
The August data is a good backdrop for a fall listing in Essex County. Median climbed +3.3% year over year, pace held at 31 days, and homes cleared at 108.9% of list. That is the profile of a market that still rewards accurate pricing and clean presentation.
What matters most right now:
- Price against the most recent three to five comps, not last year's peaks. Essex County buyers are informed; a listing priced 2 to 3 percent above the last strong comp usually sits, then discounts.
- Photography, staging, and pre-listing prep are baseline. With 633 active single family listings competing for attention, your online listing is your first showing.
- Use the fall window. October and early November still bring serious buyers before the holiday slowdown; listing now beats waiting for the spring surge of new inventory.
- Get a comp-driven valuation before you commit to a number. A local agent walking your block is better data than any automated valuation tool.
The bottom line
Essex County in August 2026 continued the pattern the market has traced all year: steady demand, disciplined pricing, and a working set of active inventory that keeps buyers competing. The county-level data underscores what local agents have been seeing in individual neighborhoods, and the year-to-date context confirms that August was not a one-month outlier. For listings, neighborhood guides, and local agents, visit our Essex County real estate page.
If you are considering a move in the next 90 days, the fall window is the moment to prepare, price, and list. If you are buying, sharpen your criteria and your financing, and be ready to move within the week on the right listing.
Median $878K. 31 days on market. 108.9% of list received. 2.3 months of supply. That is what a healthy seller market looks like heading into fall.
Curious what your Essex County home is actually worth this month?
Get a free, no-obligation home valuation from a local CENTURY 21 Preferred agent, based on the same August 2026 data you just read.